SHAREHOLDER UPDATE: Brower Piven Announces the Filing of a Class Action Lawsuit in Connection With the Sale of Advent Software, Inc. -- ADVS

STEVENSON, Md., Feb. 11, 2015 (GLOBE NEWSWIRE) -- The securities litigation law firm of Brower Piven, A Professional Corporation, notifies investors that a class action lawsuit has been commenced in the Delaware Court of Chancery on behalf of all common stockholders of Advent Software, Inc. ("Advent Software" or the "Company") (Nasdaq: ADVS) opposing the proposed acquisition of the Company by SS&C Technologies Holdings, Inc.

The complaint seeks relief on behalf of the named plaintiff and all other similarly situated shareholders of Advent Software and asserts whether the Company's Board of Directors breached their fiduciary duties by failing to maximize shareholder value and/or protect the interests of Advent Software shareholders.

If you currently own common stock of Advent Software and would like to learn more about this lawsuit and your ability to participate as a plaintiff, without cost or obligation to you, please visit our website at http://www.browerpiven.com/currentinvestigations.html. You may also request more information by contacting Brower Piven either by email at hoffman@browerpiven.com or by telephone at (410) 415-6616.

Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s.